If I had gone into this project with a "buy x number of shares at x dollars each" mentality, I wouldn't have put in so much money.

You go do what you like though with your tiny little portfolio of ghetto houses...you're the one on a power trip telling ME how to run MY business...And they complained the first tour I did as well...they just don't want people in there, but guess what, that's the terms you agreed to in your lease, the law allows it and if you don't like it, go buy a house...otherwise that's the price you pay for being a renter.I can't believe the left coast mentality from these 2.

I charge 10% of the monthly rent, and if I have to go to the property in person for a routine inspection or to oversee a large job or high ticket estimate, Its $25/hr + $0.50/mile driven.Hiring a professional manager is ideal if you dont have the patience, mental space, or availability to receieve random spur of the moment repair and emergency requests.

You need an Eat what you Kill mentality if you take this path.  

The concept of losing money with negative cash flow is more of a mental state of mind.

Plus you do have a heard mentality in the STR space so you could for sure see over saturation in some markets I would have to think.

Especially with people like myself that came from poverty, scarcity, and victim mentality.

So I just buy pretty broad index funds for the most part and hang onto them long term.Sticking to real estate for my active investing has been a good plan for me because it has allowed me to master the process without being too distracted.To confirm, I’m not even saying someone needs to do it, but just learning more investment verticals will allow you to get a better understanding about yourself as an investor instead of falling into a herd mentality.  

I call it the more doors is better mentality.

Many of them have mental health issues and lost touch with family and had no way home, so they're buying them tickets back to their families.